Boeing Co. will halt new sales of its Connexion broadband satellite Internet service while it explores the future of the business, Boeing announced June 26.

“The market for the service has not developed satisfactorily,” Boeing executives said in a statement. “Therefore, the company will be working in conjunction with customers to thoroughly evaluate the Connexion marketplace and business model to determine its next steps.”

Options for the unit include “a sale, partnering arrangement or termination of service,” and the decision will be made after meeting with Connexion customers, according to company officials.