text: FCC to Act on Fiber-Optic Networks The Federal Communications Commission is planning to approve  a proposal to give the major telephone companies more leeway in the design of new fiber-optic networks, sparing them from the regulation that governs traditional phone lines. &lt;FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2"\ color="#666666"&gt;&lt;B&gt;-The Washington Post&lt;/B&gt;&lt;/FONT&gt;