Internet speeds aren't just a luxury. Any number of businesses rely heavily on quick communications. It also matters in the aggregate: how fast does the U.S. as a whole communicate? Even small bumps in speed can mean substantial savings. This is important:
As part of its 2015 Broadband Progress Report, the Federal Communications Commission has voted to change the definition of broadband by raising the minimum download speeds needed from 4Mbps to 25Mbps, and the minimum upload speed from 1Mbps to 3Mbps, which effectively triples the number of US households without broadband access. Currently, 6.3 percent of US households don’t have access to broadband under the previous 4Mpbs/1Mbps threshold, while another 13.1 percent don't have access to broadband under the new 25Mbps downstream threshold.
The U.S. is well behind most of the rest of the first world on internet speeds thanks to our increasingly anti-competitive industry, and a Congress that doesn't understand or care:
...With the US currently ranked 25th in the world in broadband speeds, the FCC's decision will force cable providers to step up speeds for everyone, something that probably would have happened with even a little competition in the broadband market.