Radioactive iodine-129 can easily diffuse into the environment and possesses a half-life of 1.57 × 107 years. Therefore, durable and stable waste forms are required for the treatment I-129. In this study, CuI·Cu2O·TeO2 glasses were fabricated by incorporating CuI into a copper tellurite glass (0.3Cu2O·0.7TeO2) matrix at different concentrations ranging from 0 to 30 mol%. The X-ray diffraction analysis confirmed the amorphous phase of all prepared samples, and X-ray fluorescence analysis verified iodine volatilization during the melting process. With the addition of 30 mol% CuI, the maximum iodine loading was approximately 13.79 wt%. X-ray photoelectron spectroscopy and Raman spectroscopy were used to understand the structure of the CuI·Cu2O·TeO2 glass waste forms. As the CuI content increased in the glass matrix, there was an increase of +2-valent Cu and OBO. It was further confirmed that there were no significant changes in the structure of Te, which serves as the glass network former. Furthermore, all samples satisfied the US regulation of 2 g/m2 for the normalized release of all elements, as confirmed through the product consistency test. The proposed glass waste forms have cost advantages over previously developed silver-based glasses, making them a promising avenue for further research.