Low power electronic devices used in digital telecom exchanges are vulnerable to surge voltages and currents primarily originating from natural lightning, or due to the direct interactions between electric power and telecommunication lines etc, causing the earth/ground potential rise, neutral potential rise and faults in the system. The fault currents may flow directly to telecom lines or through the equipment to the customer's premises causing adequate damage to the equipment and personnel safety. In wire line applications, analog or digital, central office, exchanges and subscriber sides have to be protected. Decisive protection and the protective methods have to be employed for proper functioning of the equipment under overvoltage/over current conditions. Present investigation reports some interesting results obtained on the recently developed high voltage high current protection cards used in digital telecom exchanges. The performance of protection cards both for the ring wave and hybrid wave surges are evaluated and presented. The surge generators required for the investigation are developed and fabricated in house as per the relevant telecom standards.