In this paper, a hybrid stabilization approach involving both passivity observer/passivity controller and wave variables is addressed to stabilize a teleoperation system with fixed time delay. To guarantee the stability of master or slave side, passivity observer/passivity controller are applied. But, passivity observer/passivity controller cannot deal with communication delay, and thus even small communication delay cause the system to be unstable. To cope with this problem, wave variables are additionally employed to have robustness to fixed communication delays. To show the validity of our proposed approach, several computer simulation and experimental results are illustrated.