Noise level is the limiting factor. The higher the frequency, the lower the terrestrial noise.
Reflectivity in the atmosphere has an effect here on earth. Different radio frequencies will be reflected at different times of day,different seasons, and different sun spot cycle.
The Voyager spacecraft is billions of miles away and transmits at less than 15 watts. We receive it's transmissions by using an array of dish antennas and slowing down it's baud rate.
I guess I'm just rambling.