The station began broadcasting at 07.56 am on Thursday, 1 July 1993. The original Station Manager and Programme Controller was John Barnes, the original Sales Manager was Lisa Price.
Live programmes initially ran between 0700 - 1900, with the Supergold service from the Chiltern Radio Network overnight. The station increased local hours to 2100 a few months after going on air. Maldwyn was the only station outside the Chiltern-owned stations that made full use of the automation service available on Supergold to insert local news, commercials and features within network programming. Maldwyn broadcast the Network News service provided by Chiltern Radio before switching to IRN when Network News closed.
Originally a local station formed as a community co-operative, Radio Maldwyn became a Limited Company in the late 1990s, with original shareholders having 51% of the new company and 49% owned by Murfin Music International, owners of Sunshine 855 in Ludlow, South Shropshire and Sunshine FM in Hereford and Monmouth.
It was decided that in November 2010 the station was to close; it was replaced by Radio Hafren.
Julian Saunders (Midday Show - Formerly at Sunshine 855, Beacon Radio, Star Radio 107.5, Rutland Radio, also Fosseway Radio and 107.9 Oak FM in Hinckley, Leicestershire) - Now at Energy FM, Isle Of Man