Your question is pretty severely under-defined and you've really touched on the tip of the iceberg for a huge subject of information theory and network engineering. The bulk of this isn't physics so I will keep my answer brief.
This is how I've interpreted your question:
If I want to transmit data from point A to point B, is it better to have:
1) A very fast but long-delay link (like coper cables)
2) A very slow but very short-delay link (like radio transmission)?
The answer in the general case is "it depends" but for all transfers above some total amount of data, option 1 is better choice.
The speed at which you can transmit is called the bit rate (sometimes baud rate or symbol rate) and the link delay is usually called the latency. The bit rate is very closely related to the bandwidth.
If all you want to do is transmit a single bit, then (within reason) the bit rate doesn't matter. All that matters is which link will get the bit there sooner and that's entirely dependent on latency.
But, if you have a lot of data to transfer, you can keep on writing data to the link before the data you started writing has even arrived. The measure of how much data the link can holed (link capacity) is usually measured with the bandwidth-delay-product.
The total time it takes to transfer data is:
$$\mathrm{Time} = \frac{\mathrm{Number\ of\ bits}}{\mathrm{bit\ rate}} + \mathrm{Latency}$$
As you can see, the latency is a constant factor and only really matters when the total amount of data is low.
One good example of this is satellite TV providers. The transmission latency is very high to reach and then send from a geostationary satellite in orbit but they're able to send huge amounts of data in many television channels all at the same time because of the high bit rate.
So to answer your original question, coper wins when you have a lot of data to transfer.