The invention tellurate glass and a preparation method is disclosed, among which the basic compositions of the glass are 65-85 mol percent of TeO2, 0-20 mol percent PbO, 2-8 mol percent of PbF2, 0-10 mol percent of Bi2O3, 0-15 mol percent Nb2O5. , Being prepared through a common melting method. In the melting process, preparation technologies like stirring, putting into dry nitrogen and clarification are adopted to ensure that [OH-] mass in the glass compositions can be effectively removed. The glass material is characterized by good materialization stability, favorable fiber-forming, high third-order nonlinear susceptibility, small dispersion slope and so on; the preparation process has simple and easy operation and low cost. The invention is applicable to use optical fiber matrix material in super short pulser source of optical communication.