If all you're doing is moving text around then faster internet isn't going to help any. Unless you're streaming video or doing a few other high bandwidth activities then even really shitty broadband is going to service your needs just fine.
Nobody is only moving text around, occasionally (how often depends on the type of work) you need to move a lot of data. In that case a low speed connection stops you in your tracks.
But who just moves text around? Work frequently requires the use of Hangouts, Skype, GoToMeeting, Dropbox, etc. If you have to work through a VPN, the latency added by poor service is a serious drain on productivity.