Ionic conductivity and dielectric behavior of Ag2O–CdI2–CdO nanocomposite system have been studied. X-ray diffraction has been carried out to obtain the crystallite sizes and the growth of CdO dispersed in glass-matrices. Total conductivity of them shows thermally activated nature. It is observed that total conductivity decreases and corresponding activation energy for conduction follows opposite behavior. The high-frequency ac conductivity may correspond to a nonrandom, correlated and sub-diffusive motion of Ag+ ions. Conductivity relaxation time is found to increase. The nature of scaling of the conductivity as well as modulus spectra indicates that the electrical relaxation of Ag+ is temperature independent but depends upon composition.