In the Friis transmission equation,
$$\frac{P_r}{P_t} = G_t G_r \left( \frac{\lambda}{4 \pi d} \right)^2,$$
it seems that if the frequency is halved while the other parameter values are fixed, the received power \${P_r}\$ will quadruple since the wavelength \$\lambda\$ is doubled. I mean, for example, if I work on a 2 GHz system and if I switch my signal to 1 GHz, is the power level of my received signal \${P_r}\$ going to become four times higher? Or do I miss something?
(I assumed the bandwidth of the antennas and other systems is suitable for both frequencies.)